The news said that Apple is considering completely abandonin

Last updated Jan, 18th 2019

Introduction: Recently, investment research firm Lynx Equity Strategies analysts Jahanara Nissar and KC Rajkumar released reports that they heard that Apple is reducing the scale of autonomous vehicles Even considering the complete end of the project.

Recently, investment research firm Lynx Equity Strategies analysts Jahanara Nissar and KC Rajkumar released reports that they heard that Apple is reducing its autonomous car program. The scale is even considering the complete end of the project.

Two analysts said that if the news is true, it is a big blow to Apple, because it will prevent Apple's service business from gaining new growth paths. In addition, this may mean that due to the sluggish demand in the iPhone market, Apple has to cut expenses for non-core programs.

In addition, a person familiar with the matter said that earlier this month, Apple CEO Tim Cook disclosed to employees at a meeting that the iPhone sales were lower than expected and below Holiday quarterly revenue expectations, some parts of Apple will cut recruitment.